Caribbean MLSReal Estate

SARAWAK VILLAS 3,4,5,6,7,8

Available on request

The brief

The reason to consider it.

Sarawak Villas – A private gated collection of eight fully furnished residences on Cherokee Road, Providenciales, Turks and Caicos. Occupying 0.75 acres just a five-minute walk from Babalua Beach, the development offers turnkey, income-producing properties with select ocean views toward the island’s southern shore. Features: 23 bedrooms and 23 bathrooms across 8 units; 13,464 sq. ft. of living space (including 11,740 sq. ft. interior); 0.75 acres of land; 2025 built; fully furnished with housewares and linens; motorized gates, boundary walls, two paved parking areas, storage room, and private fitness space; located minutes from Turtle Cove Marina, Grace Bay, and Providenciales International Airport. Price: USD 7,800,000. MLS#: 2600823. Listing office: Turks & Caicos Sotheby’s Int’l.

Last confirmed

Year built
2025
Type
Villa
Land
325,888 ft²

What this listing includes

  • Pool
  • Rooftop pool
  • Fitness centre
  • Spa
  • Sauna or steam room
  • Smart home
  • Furnished
  • On-site security

What people say about Turks and Caicos

Sources agree that Turks and Caicos has no annual property tax and no capital gains tax, and that foreigners can buy without restriction.

  • Positive No annual property tax; one-time stamp duty is the main purchase cost (about 6.5-10% on Providenciales, lower on other islands; agent fee normally paid by seller)
  • Mixed Foreigners may buy freely, but a property purchase does not automatically give residency; government PRC investment route lists $300,000 (Grand Turk, Salt Cay, South Caicos, Middle Caicos, North Caicos) or $1,000,000 elsewhere for a home, and secondary sources disagree on thresholds
  • Concern Prices have risen sharply (median 2-bed about $995,000 in July 2025; average up 75% since 2020) while local salaries have lagged
  • Concern Planning enforcement, zoning consistency and survey/title details are weak points; independent due diligence advised

Read what people say, based on 13 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law